Whitbread (WTB) Given Equal weight Rating at Barclays

Whitbread (LON:WTB)‘s stock had its “equal weight” rating restated by Barclays in a research report issued to clients and investors on Thursday. They currently have a GBX 3,920 ($54.96) price objective on the stock. Barclays’ price objective indicates a potential upside of 4.23% from the company’s current price.

WTB has been the topic of several other reports. Beaufort Securities dropped their target price on shares of Whitbread from GBX 3,600 ($50.48) to GBX 3,400 ($47.67) and set a “sell” rating on the stock in a report on Tuesday, October 24th. JPMorgan Chase & Co. increased their target price on shares of Whitbread from GBX 4,010 ($56.23) to GBX 4,020 ($56.37) and gave the stock a “neutral” rating in a report on Friday, January 12th. Citigroup reiterated a “sell” rating and set a GBX 3,200 ($44.87) target price on shares of Whitbread in a report on Monday, December 18th. Morgan Stanley cut shares of Whitbread to an “equal weight” rating and dropped their target price for the stock from GBX 4,700 ($65.90) to GBX 4,500 ($63.10) in a report on Wednesday, October 25th. Finally, Numis Securities reiterated a “hold” rating and set a GBX 4,100 ($57.49) target price on shares of Whitbread in a report on Tuesday, October 24th. Four analysts have rated the stock with a sell rating, six have issued a hold rating and six have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of GBX 4,131.19 ($57.92).

Shares of Whitbread (LON WTB) traded down GBX 5 ($0.07) during trading on Thursday, reaching GBX 3,761 ($52.73). 456,720 shares of the company’s stock traded hands, compared to its average volume of 587,778. Whitbread has a one year low of GBX 3,499.90 ($49.07) and a one year high of GBX 4,333 ($60.75). The company has a market cap of $6,900.00 and a PE ratio of 1,463.42.

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Whitbread Company Profile

Whitbread PLC is a hospitality company. The Company operates hotels, coffee shops and restaurants. The Company operates in two segments: Hotels & Restaurants, and Costa. The Hotels & Restaurants segment provides services in relation to accommodation and food. The Costa segment consists of operations of its branded, owned and franchised coffee outlets.

Analyst Recommendations for Whitbread (LON:WTB)

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